by Mac Slavo
The war on cash is more than just a currency war to clamp everyone down on the electric grid. It is also a war on your privacy, and the nail in the coffin for the free market of low level transactions.
Soon, restrictions on cash will become so severe that even spending $100 will arouse suspicion, despite the constant inflation on the value of such a denomination. One day, physical currency may become obsolete.
When that day comes, they will know everything you do.
Conducting transactions in anything but digital creds will be not only increasingly difficult, but seen as outright criminal behavior. It might even make you a terrorist.
Don Quijones argues on Wolf Street: